Furniture manufacturing business for sale
Due to the owners looking to retire, this well-established furniture makers workshop with an excellent reputation, in Joondalup, Western Australia, is for sale.
The family business has been successfully operating for over 30 years and would suit an owner-operator, manager or migrant.
The business makes both indoor and outdoor timber furniture and also offers custom timber joinery and timber furniture repairs and restoration.
A wide range of timber outdoor furniture and outdoor cushions are made to order and have been designed to be flat-packed for shipping Australia wide, to both commercial and private clients. The outdoor furniture range has a replicable design which is easily customised. About 2/3 of the outdoor furniture produced is shipped out of Perth WA.
Indoor timber furniture is predominantly custom-made to order, can be shipped but the majority is supplied to locally based customers in Western Australia.
There are good opportunities to grow further into the joinery, cabinetry, repair and restoration industry.
The owners are willing to work part-time/as needed in the business during hand over, for a period of up to 6 months.
- Asking Price:
- $150,000 (AUD)
- Sales Revenue:
- $315,000 (AUD)
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Currently month to month but we the landlord does offer 3 years with option to renew
- Leasehold Rent:
-
$29,345 (AUD) per annum
- Location:
-
Joondalup business park central to Perth Norther Suburbs
- Premises Details:
-
135 sq m workshop and small showroom
3 phase power and 3.5KV solar panels
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Expansion could be into joinery and furniture repair and restoration
- Competition / Market:
-
Unique in that our products are 100% Australian made, mostly using Australian Timbers and don't know of any other outdoor furniture makers in Western Australia.
- Reasons for selling:
-
Planning to retire as owners are 68 and 66.
- Trading hours:
-
Open to public 9 am - 4.30 pm Monday to Friday at 10am - 2 pm Saturdays.
Workshop hours are flexible
- Employees:
- 1 full time 3 part time
- Years established:
- 34
Other Information
- Support & training:
-
Owners are happy to stay on part time / as needed in the first 6 months.
- Furniture / Fixtures value:
- $125,000 (AUD)
- Inventory / Stock value:
- $25,000 (AUD)
- Relocatable:
- This business can be relocated
